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Soulfull - About the company

Soulfull is an acquired company based in Bengaluru (India), founded in 2011 by Prashant Parameswaran and Rasika Prashant. It operates as a Manufacturer of breakfast cereal products. Soulfull has raised $10.9M in funding from Brand Capital and Aavishkaar Capital, with last known valuation of $*****. The company has 82 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like Mille super grains, Millex and The Millet Bazaar.

Company Details

Manufacturer of breakfast cereal products. Its product offering includes ragi bites, millet musli, masala oats, trail mix, and more.
Social
XFacebook
Email ID
*****@tataconsumer.com
Phone Number
+91 **********
Part Of
Registered Address
Tata Centre, 1st Floor, 43, Jawaharlal Nehru Road, Middleton Row, Kolkata, Kolkata, West Bengal, India, 700071
Key Metrics
Founded Year
2011
Location
Bengaluru, India
Stage
Acquired
Total Funding
$10.9M in 4 rounds
Latest Funding Round
Last Known Valuation
$***** as on Feb 08, 2021
Ranked
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2023
Employee Count
90 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by Tata Consumer Products (Feb 02, 2021)

Soulfull's acquisition details

Soulfull got acquired by Tata Consumer Products on Feb 02, 2021 at an acquisition amount of $*****.
Click here to take a look at Soulfull's acquisition in detail
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Soulfull's funding and investors

Soulfull has raised a total funding of $10.9M over 4 rounds. Its first funding round was on Jun 15, 2016. Its latest funding round was a Series A round on Oct 20, 2020 for $*****. 16 investors participated in its latest round. Soulfull has 4 institutional investors and 18 angel investors.

Here is the list of recent funding rounds of Soulfull:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 20, 2020
4284328
Series A
8608447
2203682
1050398
8465625
Mar 16, 2018
3509543
Series A
3949610
1982772
7818856
Oct 19, 2017
3160635
Seed
1976610
5034098
6086991
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Soulfull's founders and board of directors

Founder? Claim Profile
The founders of Soulfull are Prashant Parameswaran and Rasika Prashant.
Here are the details of Soulfull's key team members:

Soulfull's Board of Directors

Soulfull's board has 4 active members. Prashant Parameswaran, Rasika Prashant, Narayanan Kottaram and Janavi Papriwal are part of team.
Here is the list of Soulfull's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
15y 2m
Team
-
Current
15y 2m
Team
-
Current
9y 11m
Investor
Aavishkaar Capital
Current
8y 5m

Soulfull's employee count trend

Soulfull has 90 employees as of Aug 26. Here is Soulfull's employee count trend over the years:
Employee count trend for Soulfull
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Soulfull's Competitors and alternates

Top competitors of Soulfull include Mille super grains, Millex and The Millet Bazaar. Here is the list of Top 10 competitors of Soulfull, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Soulfull
Soulfull
2011, Bengaluru (India), Acquired
Manufacturer of breakfast cereal products
$10.9M
56/100
2nd
Logo for Mille super grains
Mille super grains
2022, Gurugram (India), Seed
Online brand offering gluten-free products using supergrains
-
-
52/100
3rd
Logo for Millex
Millex
2022, Chikmagalur (India), Unfunded
Manufacturer offering millet‑based health mixes and instant breakfast products
-
-
41/100
4th
Logo for The Millet Bazaar
The Millet Bazaar
2020, Hyderabad (India), Unfunded
Online retailer offering multi-category millet-made grocery products
-
-
39/100
5th
Logo for Gudmom
Gudmom
2020, Pune (India), Funding Raised
Facilitator of certified organic farm produce and farmer training
-
37/100
6th
Logo for Raman Greens
Raman Greens
2021, Bhopal (India), Unfunded
Manufacturer of millet based cookies and various healthy snack items
-
-
35/100
7th
Logo for Madmix
Madmix
2021, Mumbai (India), Seed
Internet first brand of ready-to-eat snacks
$329K
33/100
8th
Logo for SkyRoots
SkyRoots
2019, Pune (India), Unfunded
Manufacturer of millet-based breakfast cereals, ready mixes, bars, and snacks
-
-
33/100
9th
Logo for GrandMaaMillets
GrandMaaMillets
2017, India, Unfunded
Internet first brand offering Millet based cookies
-
-
30/100
10th
Logo for Jeeni Millet Health Mix
Jeeni Millet Health Mix
2021, Tumakuru (India), Unfunded
Manufacturer of millet-based food products, including mixes, cookies, and cold-pressed oils
-
-
30/100
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Soulfull's Latest cap tables and shareholding

Funds (largest shareholder) own 45.16%, Enterprises own 0.50%, Angels own 4.70% and Other People own 43.55%.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Fund
45.16%
59.9Cr
4379041
9819391
3454042
8534708
7940075
5327154
3155478
4447068
1554342
4158637
578
233
538
156
226
436
Enterprise
0.50%
66.3L
0
0
0
0
Angel
4.70%
6.23Cr
5001
6350
6885
1970
49
93
13
59
23
62
0
0
0
0
0
0
0
0
0
0
0
0
Other People
43.55%
57.7Cr
1681163
6161194
4188599
7947684
ESOP Pool
6.09%
8.07Cr
188421
468981
676582
782041
Total
100.00%
133Cr
5376374
9546647
4814048
1264678
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Soulfull's Shareholding

Soulfull's Investments and acquisitions

Soulfull has made no investments or acquisitions yet.

Reports related to Soulfull

Here is the latest report on Soulfull's sector:

News related to Soulfull

lockFilter this list
•
Tata Soulfull Oats+ with MilletsNews Experts•Aug 16, 2023•Soulfull
•
Tata Soulfull Launches Ragi Bites Choco SticksAdgully•Aug 10, 2023•Soulfull
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